^
+ Follow P HOMES Tag
P HOMES
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 550510
                    [Title] => The man from Tondo
                    [Summary] => 

That he is a self-made man, regardless of whether he actually swam a dirty river or spent Christmas on the streets, is beyond question.

[DatePublished] => 2010-02-19 00:00:00 [ColumnID] => 133715 [Focus] => 0 [AuthorID] => 1805279 [AuthorName] => Rey Gamboa [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 522140 [Title] => Vista Land income falls 19% in 9 months [Summary] =>

Vista Land & Lifescapes Inc., the holding firm for most of the real estate assets of the family of Sen. Manuel Villar, reported a core net income of P1.86 billion in the first nine months of the year, down 19 percent from P2.29 billion the previous year on lower sales and interest income.

[DatePublished] => 2009-11-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 27309 [Title] => Vista Land profit triples to P2.7B in 9 months [Summary] => [DatePublished] => 2007-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 12443 [Title] => Vista Land settles P2.53B worth of debts [Summary] => [DatePublished] => 2007-08-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 396272 [Title] => New Villar holding firm to list via backdoor [Summary] => Vista Land & Lifescapes Inc., the newly formed property holding company of the family of re-electionist Sen. Manuel Villar, will make a backdoor listing on the Philippine Stock Exchange via a share swap deal with listed realty firm C&P Homes Inc.

C&P Homes, also owned by the Villar family, is one of the country’s leading developers of low-cost and affordable housing projects in mega-Manila.
[DatePublished] => 2007-04-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 390417 [Title] => Villar mulls real estate holding firm for IPO [Summary] => The family of Sen. Manuel Villar is set to form a holding company for most of its real estate businesses, aiming to undertake an initial public offering (IPO) possibly in the second half of the year.

Stock market sources said the holding company may have an initial capitalization of P10 billion, as its incorporation papers are expected to be filed at the Securities and Exchange Commission either this week or next week.
[DatePublished] => 2007-03-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 388749 [Title] => Holders of C&P Homes FRNs approve swap deal [Summary] => Mass housing developer C&P Homes Inc. said at least 90 percent of the holders of its floating rate notes (FRNs) have agreed to swap them for a combination of dollar-denominated long-term notes and new shares of the company.

C&P Homes’ offer is part of a restructuring plan approved by its board of directors on Feb. 9 which provided for the purchase of all the remaining outstanding FRNs issued by its wholly-owned unit C&P Homes International Ltd.
[DatePublished] => 2007-03-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 335372 [Title] => C&P Homes posts net income of P141M in 2005 [Summary] => C&P Homes Inc., a real estate development firm owned by the family of Sen. Manuel Villar, posted a net income of P141.02 million last year, more than three times the P41.85 million profit reported in 2004.

In a financial report filed with the Securities and Exchange Commission, C&P Homes said the rise in profit was due to lower interest expense.

Net sales reached P1 billion last year or a decline of 30 percent from P1.43 billion in 2004, mainly due to the effect of deconsolidated subsidiaries which normally contributes 25 percent of total sales.
[DatePublished] => 2006-05-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 310045 [Title] => SEC okays C&P Homes’ capital increase to P7B [Summary] => The Securities and Exchange Commission (SEC) has approved the plan of low-cost housing developer C&P Homes Inc. to raise its authorized capital stock to P7 billion, from P500 million.

The capital build-up forms part of C&P’s capital and debt restructuring program aimed at cleaning up its books.

C&P said the increase in capital stock would allow it to invest, purchase and own properties that would further boost the company’s operations.
[DatePublished] => 2005-12-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 304660 [Title] => Brittany allots P12B for Laguna, Cavite projects [Summary] => Brittany Corp., a sister firm of Camella and Palmera (C&P) Homes, has earmarked P12 billion for the development of an IT (information technology) park and a residential subdivision.

Brittany corporate communications officer Nova Naval said the company is planning to convert a 30-hectare property owned by the Quiros family into a residential subdivision catering to the upper-middle class. The property is situated in Sta. Rosa, Laguna.

Naval said the project is estimated to cost around P5 billion.
[DatePublished] => 2005-11-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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